Bankruptcy/Creditors Rights

Price, Meese, Shulman & D’Arminio provides comprehensive representation of lenders and creditors in all aspects of creditors’ rights law. Our extensive experience in this area of commercial law gives us the ability to advise clients fully of their rights and obligations under state law and the federal bankruptcy code. 

Mr. Steinberg and the firm are pleased to announce that he will be speaking in an upcoming Strafford live video webinar, “Bankruptcy and Secured Creditor Priority: Identifying, Resolving, or Avoiding Hidden and Springing Liens” scheduled for Wednesday, October 6, 1:00pm-2:30pm EDT. The panel will offer bankruptcy counsel best strategies for establishing a rigorous methodology for […]

Summary and Introduction The economic carnage wrought by the worldwide coronavirus pandemic will inevitably lead to a rash of bankruptcy filings in the months and years to come, as businesses struggle to recover from the toll taken by this insidious virus. For example, there will no doubt be many shippers, consignees and carriers who experience […]

Firm News

Rick Steinberg will be giving a presentation entitled “Bankruptcy Basics for Transportation Corporate Counsel” at the annual conference of the Transportation Lawyers Association in Austin, TX on May 2.  Rick is the Chairman of the TLA Bankruptcy and Creditors’ Rights Committee.  

THE BANKRUPTCY CODE The United States Bankruptcy Code is a federal body of law that governs the rights of debtors and creditors when an entity files a bankruptcy petition in this country. The Code is complicated and lengthy, but there are a few significant issues of which every corporate creditor should be aware. The purpose […]

Introduction This article will discuss venue provisions in bankruptcy, as well as possible changes to venue rules.  Specifically, this article will address the ability of a corporate debtor to file bankruptcy in a venue where it is incorporated or where its affiliate is located, even if the company has no physical presence in that venue; […]

By Rick Steinberg, Of Counsel INTRODUCTION This article will give an overview of the effect of a bankruptcy filing by a maritime debtor on Admiralty Rule B attachments under the Supplemental Rules for Admiralty or Maritime Claims. WHAT IS A MARITIME ATTACHMENT? The maritime attachment lien is an ancient device that predates the grant of […]